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130. Graeber's Debt Chapter 8: Credit vs. Bullion, and the Cycles of History

Everyday Anarchism

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Cycles of Currency: 5,000 Years of Credit and Bullion

This chapter explores the historical interplay between credit systems and physical currency over five millennia, beginning with significant events like the abolition of slavery in 600 AD. It highlights the cyclical nature of economies, examining how social and economic forces have shaped the evolution of money and its impact on societal stability and change.

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